Intimation of foreign payment

Hi,

Form 27Q is only when there is any TDS deduction and where TDS is applicable but not deducted because of different reasons (say no deduction /lower deduction certificate). But there is no requirement of showing all foreign payments in the Form 27Q. Hence payments made for import of raw materials, spare parts etc.. where no TDS is applicable, are not required to be disclosed in the Form 27Q.

Regards
Korada Devi Vara Prasad